Watch the Webinar Recording
If you missed our live session, watch the full recording below to discover best practices, new features, and tips for a smooth upgrade.
Overview
Welcome to our “Unlock the Power of Your MYOB Acumatica” monthly webinar series. In this special edition—“Simplifying Your MYOB Acumatica Upgrade: Exploring the Spring 2024.1 Release”—we covered the complete upgrade process for MYOB Acumatica, highlighted the latest enhancements in the Spring 2024.1 Release, and answered common questions about optimising your ERP for peak performance.
Whether you’re already using MYOB Acumatica or considering an upgrade, this session provides valuable insights to help you stay ahead. Read on for a detailed breakdown of the webinar and key takeaways.
Key Webinar Highlights
1. Refined Upgrade Process
- Best practices for planning and scheduling your MYOB Acumatica Upgrade
- Importance of sandbox testing and checklists
- Communication tips to ensure minimal downtime
2. Spring 2024.1 Release Features
- Distribution Requirements Planning (DRP): Advanced inventory management to forecast demand accurately
- Reversals & Corrections: Easier returns for cash purchases, service invoices, and project pro forma billing
- Manufacturing & MRP Enhancements: Ability to report operations out of sequence, exclude non-essential warehouses, and more
- Generic Inquiries as Data Sources: Create powerful new reports by combining existing generic inquiries
3. Resolved Issues
- Files/attachments now display correctly
- Bank feed errors and missing reference numbers addressed
- AP Remittance Advice form improvements for custom branches
4. Live Q&A
- Attendees asked about scheduling flexibility, testing strategies, and upcoming fixes
- Emphasis on contacting AlphaBiz Solutions for support with customised solutions or training
MYOB Acumatica Upgrade Process
Our webinar underscored the importance of a structured, step-by-step approach when upgrading to the Spring 2024.1 Release:
1. Upgrade Window Confirmation
- MYOB schedules major upgrades once per year, with smaller maintenance releases in between.
- AlphaBiz Solutions contacts each client to confirm upgrade dates and offer options to defer if necessary.
2. Sandbox Testing & Checklist
- A sandbox environment is provisioned before the MYOB Acumatica Upgrade.
- Clients receive a testing checklist to validate core business processes and highlight any potential issues.
3. Day-of-Upgrade Protocol
- Users log out by the specified time so MYOB can commence the overnight upgrade.
- AlphaBiz Solutions verifies customisations, republishing them first thing the next morning.
4. Post-Upgrade Verification
- We confirm system accessibility and functionality.
- Any identified issues are promptly addressed to ensure minimal disruption.
What’s New in the Spring 2024.1 Release
Distribution Requirements Planning (DRP)
DRP introduces a powerful forecasting tool that calculates purchase, transfer, or assembly needs based on real-time demand. This feature:
- Prevents overstocking or stockouts
- Considers lead times to ensure timely orders
- Consolidates supply and replenishment suggestions in one place
Enhanced Reversals & Corrections
- Reverse Cash Purchases: Return or partially refund items paid for immediately, avoiding cumbersome void and re-entry steps.
- Service Invoice Reversals: Correct service invoices in one click, automatically generating credit memos.
- Project Pro Forma Billing: Make quick corrections and avoid multiple manual entries or credit memos.
Manufacturing & MRP Upgrades
- Non-Sequential Operation Reporting: Report manufacturing tasks out of order, improving efficiency on production floors.
- Forecasting for Non-Stock Items: Include non-stock items in your forecasting for precise demand planning.
- Ability to Exclude Inactive Warehouses: Avoid skewed data by removing warehouses no longer in use.
Generic Inquiries as Data Sources
- Combine Existing Reports: Build advanced reports or dashboards by merging data from multiple generic inquiries.
- Streamline Analytics: Reduce Excel exports—view essential metrics directly within MYOB Acumatica.
Resolved Issues
1. Attachments Display
- Attachment icons now reliably show for records with associated files.
2. AP Remittance Advice Form
- The correct template and email settings are applied for each branch, preventing mismatched remittance details.
3. Bank Feeds Improvements
- Errors during import are greatly reduced.
- Adding missing reference numbers is straightforward, ensuring smoother bank reconciliation.
Tips & Tricks for a Smoother MYOB Acumatica Upgrade
1. Plan Ahead
- Note your scheduled upgrade window. If it conflicts with a busy season, discuss deferral options.
2. Explore Changes
- Read the Spring 2024.1 Release Notes to understand how new features and bug fixes can benefit your organisation.
3. Use Your Sandbox
- Perform end-to-end tests on essential workflows. This helps detect any customisation conflicts before going live.
4. Stay Updated
- Keep an eye on incremental version notes (e.g., 2024.1.1xx). Minor revisions can contain important tweaks.
5. Ask for Help
- Contact AlphaBiz Solutions for guidance on advanced features like DRP, Generic Inquiries, and MRP enhancements.
Get Your MYOB Acumatica Upgrade Guide
Unlock Exclusive Insights
Download this essential guide to the MYOB Acumatica Upgrade, packed with actionable tips, key highlights from the Spring 2024.1 Release, and expert advice to help you navigate your ERP upgrade with ease.